GREY:ABGPF - Post by User
Comment by
1stRuleon Nov 27, 2015 9:57pm
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Post# 24333877
RE:RE:RE:RE:RE:RE:How to value Alabama Graphite now? Share price?
RE:RE:RE:RE:RE:RE:How to value Alabama Graphite now? Share price? Lol! Fair enough! I think I see why they halted in advance though; with all the speculation about an initial offtake annoucement being issued with the PEA the initial reaction likely would have been negative.
Either that or their waiting for ink to dry on a contract now that it's been released ;) Very happy that the PEA indicates that production could be up and running within a year of permits being issued, and can see the state expediting the process if they feel they run the risk of losing tax revenue to other areas if ALP is not up and running quickly. With the work that's already been done if there is sufficient financing in place we might actually see a functioning mine next year!
Time will tell, but very promising imo!
EMMDMS wrote: I agree that thats assuming they remain at the production values stated, and that may not be the case in the future. I was just saying I don't think that the market value or enterprise value will be as simple as divinding the entire (current projected) value of the project by the number of shares. Obviously any changes to production, revenue, or earnings (eventually) from the Coosa project and any other additional projects they can realize will change these calculations, but I dont think we should assume that those changes will come just yet.
I'm hoping for a great open Monday morning, but I don't think theres any chance of the market valuing the company at 1.69$ a share come the opening bell.